Master the New-Look
ABS/MBS Market

Every week, Asset-Backed Alert delivers the earliest word on money-making plays emerging from the evolving securitization business, including the worldwide markets for ABS, MBS and CLOs.

Selections from Recent Issues


Rare Utility-Fee Bonds Headed to Market

AEP Texas is moving ahead with what would be the first utility-fee securitization in the U.S. since May 2018.

Read more.


Prosecutors Take Notice of Honor Scandal

The U.S. Department of Justice is investigating defunct auto lender Honor Finance, whose lone asset-backed bond deal is on the verge of default.

Read more.


Negative-Am Mortgage Bonds Resurfacing

Wells Fargo is auctioning off pre-credit-crisis mortgages in which the borrowers were able to defer early payments by adding to their principal balances...

Read more.


Morningstar Recruits Reinforce MBS Team

Morningstar has hired two key analytical professionals away from S&P, installing one of them as head of mortgage-bond ratings.

Read more.


IMN Quietly Swaps Out Buy-Side Leader

Information Management Network has suddenly replaced the head of its new investor group.

Read more.


AllianceBernstein Seeks Larger CLO Presence

AllianceBernstein is getting into the business of securitizing broadly syndicated leveraged loans.

Read more.


Ambitious Morningstar Plans Hiring Blitz

Morningstar is expanding its structured-finance rating and technology groups.

Read more.


QM Impasse Threatens Agency Pullback

Mortgage-finance professionals are growing concerned that originators of non-qualified loans won’t have the capacity for an anticipated uptick in...

Read more.


RBC Adds Thrust to Repurchase Campaign

RBC is further increasing the volume of repurchase agreements that it writes against mortgage products, and possibly other assets.

Read more.


AIG Stepping Up, Diversifying MBS Output

AIG is planning an expansion of its mortgage-bond program, potentially positioning itself as a leading issuer in the sector.

Read more.


Goldman Maps Non-QM Issuance Program

Goldman Sachs is positioning itself to securitize home loans that don’t meet the Consumer Financial Protection Bureau’s “qualified-mortgage” standards.

Read more.


CLO Trading Soars Amid Refinancing Pause

Secondary-market trading of collateralized loan obligations has suddenly sprung to life.

Read more.
RSS Feed